Word: profit
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...rational when things are mostly going your way. What's less clear is that they'll be able to play it so cool should trends reverse. There are tens of thousands of high-street financial advisers to push people into second mortgages when rates are low. Who will profit from telling borrowers, if and when the economy slackens, that it's time to scale back? The opposite danger is that even a tiny rate hike by the Bank of England could be read by the market as a sign of more to come, sending property prices down much too fast...
...simple as conserving the low temperatures we need?" she said then. "If it breaks, because we can't buy replacement parts from the (nearby) U.S., it costs us three times as much as it should for us to fix it. Our philosophy is not to produce vaccines purely for profit, but still, why would we bother with biological weapons when there is so much more revenue in selling vaccines to companies like Smith-Kline...
...good news is that investors have shown they are willing to overlook the bad climate when specific company fundamentals improve. Last week tech giant Cisco reported a quarterly profit that was 1[cent] a share better than expected - and the market soared for a day. Especially encouraging were Cisco's wider profit margin and depleted inventory. But it will take a drumbeat of such news to turn around negative market psychology...
...outside agency regulating all trials, not just a group that steps in when a drug causes death or severe side effects. Companies should be forced to provide information on the risk and all possible side effects to keep the participants as safe as possible. As long as profit is the main goal of the researchers, however, patient safety will be something of a pipe dream. TODD KITCHENS Emporia, Kans...
...American tire company Uniroyal-Goodrich, he was named ceo of Michelin's U.S. unit. He returned to the company's Clermont-Ferrand headquarters in 1993 to prepare for the succession. Just months later Edouard faced media and political ire when, on the same day Michelin revealed a quarterly profit increase of 20%, it announced restructuring plans that would eliminate 7,500 European jobs. "Those painful moves anticipated changes that have occurred and reflected our refusal to wait until things get bad to react," Edouard says. "But the reaction indicated we needed to communicate better what this company is about...